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production networks in Asia, with particular reference to the role of China. I conclude with a brief discussion of new … China Circle, The Brookings Institution, Washington, D.C., 1997) …
Persistent link: https://www.econbiz.de/10005627317
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995–2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset...
Persistent link: https://www.econbiz.de/10009245399
¡¦s ODI, b) the Chinese exports to developing countries induce China¡¦s ODI, c) China¡¦s international reserves promote its …We investigate the empirical determinants of China¡¦s outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …
Persistent link: https://www.econbiz.de/10004983599
More than seventy percent of China's outward direct investment (ODI), according to the Ministry of Commerce statistics … the Heritage Foundation measure of China¡¦s ODI are correlated only in the sample of non-haven economies, because the …. Finally, we show that some of the well-documented stylized facts about the pattern of China's ODI are artifacts of the …
Persistent link: https://www.econbiz.de/10010617732
We examine the empirical determinants of China's outward direct investment (ODI) in Africa using an officially approved … ODI dataset and a relatively new OECD-IMF format ODI dataset. China's ODI is found responding to the canonical economic … intensity of trade ties and the presence of China¡¦s contracted projects. A host country's natural resources have an impact on …
Persistent link: https://www.econbiz.de/10009003035
This paper presents empirical evidence on asset market linkages between China and Asia and how these linkages have … liberalization of equity markets relative to bond markets in China, as well as increasing business and trade linkages in the region …. We also find that the strength of the correlation of equity prices changes between China and other Asia countries …
Persistent link: https://www.econbiz.de/10011048437
Till 1991, there was excessive control of Government over economy with inward looking policies leading to over protection of economy leading todeterioration of trade, economic growth and large fiscal deficits financed by external borrowings. Foreign currency reserves plummeted to very low...
Persistent link: https://www.econbiz.de/10011213160
We examine the empirical impact of FDI and neighbourhood spillover on regional income convergence via technology diffusion in the Pacific Basin. The capacity of parametric estimation to trace the evolution of economies is found wanting as it conceals this evolution by averaging across economies.
Persistent link: https://www.econbiz.de/10005086693
The theoretical literature on trade and foreign direct investment (FDI) indicates that they could be either substitutes or complements. The empirical evidence on U.S.-Japan and Asia-Pacific Economic Cooperation (APEC) countries suggests that trade and FDI exhibit a complementary relationship. In...
Persistent link: https://www.econbiz.de/10005641375
foreign national investors, while exports are negatively correlated with overseas Chinese investors. The results also … profitability of overseas Chinese investors is supported by asset efficiency. …
Persistent link: https://www.econbiz.de/10010765338